Org.nr 999 277 853 2013 → 2014 Year-over-year analysis

ADVOKATFIRMA ENGENES AS: årsregnskap 2014 vs 2013

Grew 90362% on revenue, cash halved-plus

approved 2015-03-04; registry 2015-08-19; journal 2015 724826

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMA ENGENES AS. Revenue 4 418 NOK → 4.00m NOK (+90362.2%). Equity 300.0k NOK → 300.0k NOK.

On the constructive side: revenue rose. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMA ENGENES AS.

At a glance

Revenue

4 418 NOK 4.00m NOK

+90362.2%

Equity

300.0k NOK 300.0k NOK

0.0%

Cash

471.5k NOK 100.1k NOK

-78.8%

Total assets

2.42m NOK 2.38m NOK

-1.5%

↑
Revenue rose

Operating income / revenue moved from 4 418 NOK to 4.00m NOK (+90362.2% YoY). Calculated

↓
Cash fell

Bank deposits 471.5k NOK → 100.1k NOK (-78.8% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1047.75× → 0.05× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Payroll increased

Salary cost 2 154 NOK → 1.35m NOK (49% → 34% of revenue). Calculated
·
COGS moved

COGS / varekostnad 222.3k NOK → 264.6k NOK (+19.0% YoY). Calculated